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Freedom Holding Corp. (NASDAQ:FRHC), an $8.5 billion market cap financial services company with impressive 74% gross margins, saw its President, Askar Tashtitov, purchase 600 shares of common stock on June 20, 2025. According to InvestingPro analysis, the stock is currently trading above its Fair Value, despite a recent 4.5% weekly decline.
The transactions totaled $84,450, with prices ranging from $140.36 to $140.96. Following the transaction, Tashtitov directly owns 137,208 shares of Freedom Holding Corp. The company has delivered strong performance with a 73.5% return over the past year and maintains healthy financials with a current ratio of 1.32. For more detailed insights and additional ProTips, check out InvestingPro.
In other recent news, Freedom Holding Corp. has reported a significant 56.5% increase in revenue, reaching $655 million in the third quarter of the fiscal year 2025 compared to the same period last year. This financial development underscores the company’s growth trajectory in its various operational segments. Additionally, Freedom Holding Corp. has been selected for inclusion in the Russell 3000® Index, effective after the U.S. market closes on June 27, 2025. The Russell 3000® Index is a major market-capitalization-weighted equity index that tracks the performance of the largest U.S. companies. This inclusion may enhance the company’s visibility among investors and potentially lead to increased trading activity. CEO Timur Turlov noted that this milestone reflects the company’s sustained growth and expanding global presence. The final determination regarding the company’s inclusion in other indexes, such as the Russell 1000® or Russell 2000®, remains pending. Updates on these specifics are anticipated in the coming weeks.
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